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WhiteTara

(29,704 posts)
Fri Sep 4, 2020, 11:05 PM Sep 2020

How Jerry Falwell Jr. mixed his personal finances with his university's

https://www.reuters.com/article/us-usa-falwell-legacy-insight/how-jerry-falwell-jr-mixed-his-personal-finances-with-his-universitys-idUSKBN25V27L

WASHINGTON (Reuters) - After parting ways with President Jerry Falwell Jr in the wake of personal scandals, Liberty University has hired a firm to investigate “all facets” of Falwell’s tenure, including the school’s financial and real estate operations.

There may be much to untangle.

Falwell, who took over as president of Liberty in 2007 after years as a lawyer handling its real estate interests, intertwined his personal finances with those of the evangelical Christian university founded by his father.

He put his two sons - and their wives as well - on the university’s payroll. He arranged the transfer of a multi-acre Liberty facility to his personal trainer. He enlisted a friend’s construction company to manage an ambitious campus expansion costing hundreds of millions of dollars.

And before becoming school president, Falwell set up two companies that enabled him to cut property deals with one of the many nonprofit entities affiliated with the university, Reuters found. In each of the deals, Falwell played multiple roles with potentially conflicting interests: He was an officer of the university, a board member for the nonprofit selling the land, and a private developer who could profit from the transactions.
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How Jerry Falwell Jr. mixed his personal finances with his university's (Original Post) WhiteTara Sep 2020 OP
Frankin graham is another . . . Iliyah Sep 2020 #1
Falwell sounds like a good Christian PJMcK Sep 2020 #2
Grifters. MontanaMama Sep 2020 #3
No wonder he loves the trumpster n/t hibbing Sep 2020 #4
He learned well from other republicans...that's how they roll. BComplex Sep 2020 #5
sounds like a true repuke Skittles Sep 2020 #6
Did Liberty Have a Board of Regents or Some Group Charged with Oversight? Indykatie Sep 2020 #7
I'm sure they'll find hush money paid out to students the Falwells, um, partied with. hunter Sep 2020 #8

Indykatie

(3,696 posts)
7. Did Liberty Have a Board of Regents or Some Group Charged with Oversight?
Sat Sep 5, 2020, 12:41 AM
Sep 2020

It's probably a moot point though. Usually when things are this f**cked up the board is usually aware and look away at the corruption going on.

hunter

(38,310 posts)
8. I'm sure they'll find hush money paid out to students the Falwells, um, partied with.
Sat Sep 5, 2020, 02:03 AM
Sep 2020

But they won't disclose those to "protect" the school's reputation and, hypocritically, the students involved.

Liberty University is just another scummy "Christian" business.


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